The Southern India Mills’ Association (SIMA) has appealed to the Union Ministry of Textiles to announce the details of the Technology Upgradation Fund Scheme (TUFS) immediately to enable the textile industry to go ahead with the planned investments.

Association chairman S. Dinakaran has said that the scheme, since its launch, has attracted over Rs. 2.3 lakh crore investment in the textile industry for green field projects (capacity building) and modernisation.

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